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Lowe’s Revenue Beats Consensus, Growth On Track For FY 2019?

by Trefis Team
Lowe’s (NYSE: LOW) announced its Q1 2019 (ended April 2019) results on May 22, 2019, followed by a conference call with analysts. The company beat consensus for revenue which was recorded at $17.7 billion, up by 2.2% y-o-y. The increase was...
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What Is AMD’s Fair Price Estimate Based On Expected 2019 Earnings?

by Trefis Team
AMD’s  (NYSE:AMD) stock has seen a stellar run with over a 45% surge in price year to date. While there are several factors that have led to such optimism in the company, the current price is higher than our estimate. AMD’s near term ...
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A Closer Look At Avon’s Global Operations, And What’s In It For Natura

by Trefis Team
Avon (NYSE: AVP) issued a press release yesterday announcing its intention to merge with the Brazilian corporation, Natura Cosmetics S.A. Natura has made an all-stock offer of 0.30 Natura Holding share ( Natura and Avon combined entity ) for each...
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Explaining The Big Tesla Sell Off

by Trefis Team
Tesla  (NASDAQ: TSLA) stock has declined by close to 30% since early April, currently trading at levels of around $200 per share. While there are a lot of moving parts to the Tesla story at the moment, below we try to spell out some of the key re...
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Revenue Falls As Tata Motors Ends FY 2019

by Trefis Team
Tata Motors (NYSE: TTM), the Indian Auto giant, announced its Q4 2019 (ended March 2019) and FY 2019 results on May 20, 2019, followed by a conference call with analysts. For the year, the company missed consensus for revenue and reported $43.7 b...
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Home Depot Beats Consensus, Will Growth Continue For FY 2019?

by Trefis Team
Home Depot (NYSE: HD) announced its Q1 2019 (ended April 2019) results on May 21, 2019, followed by a conference call with analysts. The company just beat consensus for revenue which was recorded at $26.4 billion, up by 5.7% y-o-y. The increase w...
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What To Expect From Best Buy’s Fiscal Q1?

by Trefis Team
Best Buy (NYSE: BBY) is scheduled to announce its fiscal first quarter results on Thursday, May 23. In fiscal 2019, Best Buy’s comparable sales were up 4.8% and its online sales grew 10.5% on a comparable basis, primarily due to higher conv...
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How Is Medtronic Likely To Have Fared In Q4 Fiscal 2019?

by Trefis Team
Medtronic  (NYSE:MDT) is expected to publish its Q4 fiscal 2019 results on May 23. This note details Trefis’ forecasts for Medtronic, as well as some of the key trends we will be watching when the company reports earnings. You can view our intera...
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BofA Is Well Positioned To Report Top-Line Growth In 2019 Even If There Are No More Rate Hikes

by Trefis Team
Per Trefis estimates, Bank of America (NYSE: BAC) stock is worth $35, which is 20% higher than the current market price. Our price estimate is based on a P/E multiple of 11.8x and an EPS estimate of $2.97 for FY 2019. We have summarized our full-...
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How Has E*Trade Gained From TCA’s Advisor Management Services’ Business?

by Trefis Team
Last April, E*Trade (NASDAQ: ETFC) completed the acquisition of the Trust Company of America – adding 200 registered investment advisors (RIAs) and $18.3 billion in assets under custody to its operations. With this move, E*Trade forayed int...
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Corning’s Optical Communication Segment Should Continue To Drive Growth In 2019

by Trefis Team
Corning Incorporated (NYSE:GLW) reported strong Q1 results recently on the back of impressive growth for its Optical Communications business – which is its largest operating segment. The segment has benefited over recent quarters from impro...
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Soft Agriculture Segment Showing Waters Down Deere’s Fiscal Q2 Results

by Trefis Team
Deere (NYSE:DE), the world’s largest agricultural-equipment maker delivered a mixed performance for its fiscal second quarter. The company reported adjusted earnings of $3.52 per share which missed the consensus estimate of $3.57 by a margin of 2...
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How Did Nvidia Fare In Q1, And What Can We Expect From Fiscal 2020?

by Trefis Team
Nvidia  (NASDAQ:NVDA) recently reported its Q1 fiscal 2020 results, which were in line with our estimates. This note details the company’s Q1 performance, and Trefis’ forecasts for the full fiscal 2020. You can view our interactive dashboard ana...
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Sprint & T-Mobile: FCC Green Lights Merger, Will Justice Department Follow Suit?

by Trefis Team
The merger between T-Mobile  (NASDAQ:TMUS) and Sprint  (NYSE:S) has been given the green light by the Federal Communications Commission after the two companies agreed to some concessions . While this marks a significant step toward the combinatio...
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Will Lowe’s Revenue Grow In Q1 2019?

by Trefis Team
Lowe’s (NYSE: LOW) is set to announce its Q1 2019 (ended April 2019) results on May 22, 2019, followed by a conference call with analysts. The market expects the company to report revenue close to $17.7 billion for Q1 2019 (ended April 2019...
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